Is Chester County, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chester County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Chester County has remained a Seller's Market.

Key Takeaway

Chester County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chester County, TN

How much do homes in Chester County, TN cost?

Median Sold Price

$221,000

$184/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$160,500(-42.1%)

Key Takeaway

Homes in Chester County have sold for 42.1% less than they did a month ago.

Summary: The median home sold price in Chester County was $221,000 in November 2024, down 42.1% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$120K
N/A
3 $285K$322K
+13.0%
4 $1.0M-
N/A
5+ --
N/A

Summary: Chester County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

McNairy County
-13.4%
Chester County
-42.1%

Housing Supply in Chester County, TN

How many homes are available in Chester County, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
138-38.5%

Summary: The Chester County real estate market had 8 homes for sale in November 2024, a 38.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 85
-37.5%
4 32
-33.3%
5+ 10
-100.0%

Summary: The Chester County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chester County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chester County in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chester County, TN

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chester County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Chester County; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Chester County, TN

Nearby Markets to Chester County, TN

What housing markets are near Chester County, TN?